Corporate Social Responsibility
We take our
corporate responsibilities seriously and we have effective
management systems and sound governance practices to make sure that
we deliver on our promises.
Outlined below are
some of our overriding principles which govern the way we do
Corporate business principles:
Committee, chaired by the Chief Executive, is responsible for
establishing health, safety, social and environmental policies and
standards for the Group, and for ensuring their implementation by
each of our business units.
A Group of People
in Health, Safety and Environment Committee assists in the task of
corporate governance, reviewing operational performance,
anticipating potential future issues and advising on strategic
options for improvements.
Each of our
business units is responsible for implementing KEL health, safety,
social and environmental policies and in doing so implements
effective systems to identify, assess, monitor and control hazards
and minimise risks. One of our primary goals is to ensure that all
employees have a positive attitude to safety, health and the
environment. We seek to achieve this by delegating responsibilities
to the point in the organisation at which they can be implemented
most effectively, and by giving employees adequate training. In
order to assist the Executive Committee and business unit
management in meeting their responsibilities, we have functional
health, safety and environmental organisations responsible for a
co-ordinated and effective specialist advisory service.
stakeholders are our customers and suppliers, investors,
shareholders, employees, trade unions, local communities and the
general public. We engage with all of our stakeholders in various
ways. Some examples are provided later in the report.
We have management
systems that cover quality, health, safety and environment. These
systems focus on managing our operations effectively and are
largely certified in accordance with international quality and
environmental management standards.
transactions on behalf of KEL are reflected accurately and honestly
in our accounts in accordance with established practices and these
are subject to independent audit and review. Furthermore, we
condemn corrupt and fraudulent practices and require transparency,
integrity and honesty in all aspects of our business.
managing risks are important components of our management systems.
Potential risks are identified through techniques such as auditing,
near-miss reporting and risk assessments.
For each issue that
we have identified as material, we are working to ensure that we
have a clear policy and strategy in place and that we understand
their relevance to our business & the time.
In the same way
that we manage any critical business activity, we set targets for
improvement, and then monitor, review and report performance
against these targets and other key performance indicators.
Development of these indicators has been informed by our values and
principles, our commercial, social and environmental objectives,
risk identification and assessment, emerging best practice and
assurance, through internal audit, is an integral part of our
approach, helping to improve the effectiveness of our systems,
strengthening our controls and ensuring the completeness and
accuracy of information that is provided. External assurance is
obtained through our financial auditors (Internal, Corporate,
External & Government)
and economic prosperity
We need a strong
financial base in order to be able to fulfil our social and
environmental responsibilities and to ensure the sustainability and
continuity of our business.
We believe that the
integration of environmental, social and economic factors within
our business processes adds to the sustainability of our
operations. Our aims are to provide products and services which
contribute positively to society and to improve quality of life for
our employees and the communities in which we operate.
We expect our
suppliers and contractors to operate to the same standards as KEL.
We avoid doing business with those customers whose business,
policies and activities materially contradict those of KEL.
activities and contributions
We do not
contribute to political parties or funds, nor do we take part in